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South India cotton yarn may face sell-off amid Bangladesh unrest

06 Aug '24
3 min read
[05:20 pm] Krati Dubey South India cotton yarn may face sell-off amid Bangladesh unrest
Pic: Adobe Stock

Insights

  • Cotton yarn prices remained stable in Mumbai and Tiruppur due to weak demand and a lack of positive market signals.
  • The turmoil in Bangladesh is expected to impact cotton yarn and fabric exports, potentially leading to a downturn in trade.
  • Despite steady cotton prices in Gujarat, domestic trade diverged from global trends due to higher MSP.

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